The plaster and mortar market shows stable development overall. The countries France (+ 1.8%), Germany (+ 2.2%) and the Netherlands (+ 1.3%) recorded moderate growth in 2017. Poland recorded the highest growth of the five markets examined (+ 8.7% in volume). All examined markets except Italy were allowed to enjoy growth in 2017 and also the outlook for the industry remains pleasing, as a new study by Interconnection Consulting shows.

Poland is growing fastest

Poland is the fastest growing market in all the countries surveyed. In the previous year, sales of the plaster and mortar industry increased by 8.7%. Compared to other markets, the sector in Poland has a very high share in the new building segment (83.2%), which continues to gain shares compared to the renovation sector. Above all, the construction of office and commercial buildings accelerates the growth of the industry in Poland. Nearly half of the market (47.4%) is covered by mortar. Pasty plasters come to 31.2% and mineral plasters cover 21.4% of the market

France in the state of rest

The French market for plaster and mortar is spurred on by a recovered construction industry. Despite the fact that the French market is very high-priced – especially compared to its neighbor Germany – the market will continue to grow at an average rate of 2.6% per year until 2021 over the next few years. Unlike Poland, the French market is driven mainly by the renovation sector (66.5%). The total market of € 1.1 billion is dominated by mortar (share: 59.4%). Pasty plasters come to 25.4% and mineral plasters to 15.2%.

In Italy there is a risk of dry plaster

The Italian market has a market value of € 323.1 million. The industry is struggling with lower demand due to the crisis in the construction industry and increased substitution by drywall, which has led to the market easing by 4.6% in 2017. Due to the rise of the drywalls Interconnection expects a further decline of the market until 2021. The renovation sector is the dominant segment with 64.1%. The pasty plasters have a market share of 41.9% and are thus the strongest segment. This is followed by mortars with 33.1% and mineral plasters with 25.0%.

In Germany, housing helps

In Germany, the market rose by 2.2% in the previous year. The market is driven primarily by new construction, which accounts for 69.7% of the total market. Housing occupies a dominant position with 86.9%. A closer look at the market reveals that there is no dominant product group. Mineral plasters account for 39.4%, followed by mortar (35.2%) and pasty plasters (25.4%). But taking the value as a starting point, it is the pasty plasters with a market share of 59.3% that account for the largest part.

Moderate Netherlands

The Netherlands will maintain its moderate growth in the coming years. The total market volume will amount to 1.5 million tons in 2021 with average growth of 1.5% per annum. The plaster and mortar market is being driven primarily by the new building with a share of 66.6%. Mortar is the clear number one on the Dutch market with a share of 66.6%. After that mineral plasters get 22.6% and pasty plasters with 10.8%

19/07/2018

Copyright: Interconnection, Publication free of charge for coverage regarding the study and InterConnection Consulting.